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BUSINESS

This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.

Why Firms Are Confident About 2021 – Stanbic Kenya PMI Report

"Economic activity picked up in January on account of an improvement in customer spending due to improving cash flows in the economy and the re-opening of schools. These factors resulted in an increase in output and new orders. While inflationary pressures from the higher VAT and raw material shortages led to a steep rise in output prices, firms are now more positive about an improvement in business conditions over the next 12 months than they were last month," the Fixed Income and Currency Strategist noted.

Farmers Owned Sireet Tea Factory Begins Operations

The new factory is owned by Sireet Outgrowers Empowerment and Producer (OEP) Company that has 6,235 members, drawn from small-scale farmers. It is the second factory owned by the firm that also runs another two-line that can process 98,000 kilogrammes of green leaf daily.

Boda Boda Rider Sues Bank and Wins Ksh2M in Image Rights...

The High Court directed the bank to compensate Matingi to the tune of Ksh2 million, agreeing that his rights had been violated.

Places Where Kenya Power Plans to Install Electric Car Charging Stations

Kenya Power, the loss-making state-owned power distributor, has been exploring new revenue streams in a bid to turn the ship around. Industrial consumers, who make some of its biggest clients, as well as homes are more than ever generating their own energy to avoid KPLC outages.

150 Restaurants Participating in 2021 Nairobi Burger week

"This year we have seen a record number of restaurants, over 150, so diners will be spoilt for choice. We’ve made it even simpler, so all one has to do is visit any one of the participating outlets and ask for their burger week deal," she added. Burger week 2021 is assured to reach far and wide as Uber eats will provide delivery services for non-restaurant burger lovers.

Interview: DukaTech Takes on eCommerce With Tech Supplies Shop

Asked what differentiates them from other online tech stores, DukaTech defined their unique selling point as their quality products, unrivalled customer experience, a desire to continually improve and their business model. Starting small, the store has been on the up and currently employs 10 staff members.

Safaricom Launches App to Help Students Spend HELB Loans Responsibly

The service will be accessible via USSD or a mobile app, and is expected to serve a wide range of purposes. Notably, the solution is designed to promote responsible spending of student loans by locking in funds for specific allocations, such as tuition or library fees.

JKIA, Moi Scoop ACI’s Best Airports in Africa Awards

While officially writing to the Authority on the awards, ACI World Director General, Luis Felipe de Oliveira congratulated Kenya Airports Authority (KAA) for its efforts in improving customer experience.

Jambojet Plane Rebranded to Market Kenya for KTB Partnership

Jambojet offers various advertising options including the Jambojet website, boarding passes, tray tables, in-flight announcements, in-flight sampling, e-newsletter, headrest covers, and flight itinerary branding.

Samsung Named No.1 Global TV Manufacturer for 15 Consecutive Years

Locally the electronics manufacturer also noted an increase in the purchase of TVs especially at the onset of the Covid-19 pandemic in 2020 with more Kenyans choosing to upgrade their TV sets from normal digital TV’s to smart TV’s, to bigger TVs and many other options that are available in the market.